Cigna Indonesia: Analyzing big data to support sales

As a life and health insurer, Cigna focuses on its affinity business, where it collaborates with its partners to serve the customer's need for the right insurance product and services. Cigna regularly updates the customer database to improve services for existing customers.

It is important to analyze data accurately to select the right target. That is the main reason Cigna created a Customer Value Management (CVM) Department. The CVM uses SAS® to help Cigna sustain the business. Powerful SAS software enables faster, better decision making by improving analysis of vast and growing amounts of data.

“As one of the most rapidly growing insurance companies, we are currently serving 1.3 million customers with asset growth of 39.6 percent at the end of 2011 over the same period in 2010. We realized that we needed to analyze our big data, and we needed a powerful analytical tool in order to identify the right marketing strategy. That’s the reason why we chose SAS,” says Th. Wiryawan, Chief Marketing Officer of Cigna Indonesia.

SAS's ability to handle a large volume of data with reliability has simplified the data-processing activities of our analytical team.

Th. Wiryawan
Chief Marketing Officer

Using SAS, the CVM department analyzes data faster and more accurately than before, providing customer insights that telemarketing agents rely on to extend the right offers to the right customers at the right time. SAS has contributed to significant improvements that have increased satisfaction with CVM team performance.

"SAS's ability to handle a large volume of data with reliability has simplified the data-processing activities of our analytical team. After analyzing the customer data, the analytical team makes recommendations to the sales and marketing departments. They work collaboratively to understand the customers," Wiryawan says.

Most business decisions are based on analytical results generated with SAS. By helping Telemarketing target the right customers with the right offers, Cigna Indonesia has won the Infobank Golden Trophy Award for Best Life Insurance Company with Excellent Notation for nine consecutive years, the Call Center Award for Service Excellence for three consecutive years from Marketing Magazine and Carre CCSL (Center for Customer Satisfaction and Loyalty), and the Golden Trophy for Service Quality Award for two consecutive years from Marketing Magazine and Carre CCSL.

To remain competitive going forward, insurance companies must understand how customer needs and behavior change over time. To support business growth, Cigna will use SAS to gain greater customer insights that will result in offers that are even more relevant – and profitable.

About Cigna International

Cigna International is part of Cigna (NYSE:CI), a global service and insurance company committed to helping people improve their health, well-being and sense of security. Cigna Cooperation's operating subsidiaries in the United States provide an integrated suite of medical, dental, behavioral health, pharmacy and vision care benefits, as well as group life, accident and disability insurance. Outside the US, Cigna delivers access to superior quality health care and related financial protection programs to employers, affinity groups and individuals. Cigna actively sells in 27 countries and jurisdictions and serves expatriates virtually everywhere in the world. On a global scale, Cigna serves some 46 million people. To learn more about Cigna, visit www.cigna.com.

About PT Asuransi Cigna

PT Asuransi CIGNA, a provider of life, health & accident insurance, was established in 1990 as a realization of CIGNA Corporation's commitment to expand its business in Indonesia. Currently it has grown and developed into a leading insurance company in Indonesia with its key differentiator of Affinity Marketing and telemarketing.

PT Asuransi CIGNA offers insurance products with affordable premiums, easy to get, and marketed through cooperation with business partners, both in the financial institutional sector as well as non-financial institutions. By end of 2011, PT Asuransi CIGNA had cooperated with 24 partners. As the end of 2011, Cigna recorded the solvability ratio level, or called RBC (Risk Based Capital) by 562% far above the government's regulation of 120%.

Along with its growth, PT Asuransi CIGNA has received many awards from respected institutions & business magazines in Indonesia:special award "Golden Trophy Award" as Best Life Insurance Company for 9 consecutive years from Infobank Magazine for year 2003-2011, Best Life Insurance 2010 in category of Insurance with asset of Rp 100 billion – 1 trillion from Investor Magazine, Best Life Insurance 2010 in category of Insurance with asset of more than Rp 250 billion from Media Asuransi Magazine, Call Center Award for 3 consecutive years from CARRE CCSL (Center for Customer Satisfaction & Loyalty) year 2010-2012. And Service Quality Gold Award from CARRE CCSL(Center for Customer Satisfaction & Loyalty) year 2011-2012.

Challenge

Process big data with greater speed and reliability for insights that support faster, better business decisions.

Solution

Benefits

Faster, more reliable customer insights and decision support for greater efficiency, productivity, customer satisfaction (internally and externally), profitability, and visibility across the industry

The results illustrated in this article are specific to the particular situations, business models, data input, and computing environments described herein. Each SAS customer’s experience is unique based on business and technical variables and all statements must be considered non-typical. Actual savings, results, and performance characteristics will vary depending on individual customer configurations and conditions. SAS does not guarantee or represent that every customer will achieve similar results. The only warranties for SAS products and services are those that are set forth in the express warranty statements in the written agreement for such products and services. Nothing herein should be construed as constituting an additional warranty. Customers have shared their successes with SAS as part of an agreed-upon contractual exchange or project success summarization following a successful implementation of SAS software. Brand and product names are trademarks of their respective companies.